PID - ETF AI Analysis
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Invesco International Dividend Achievers ETF (PID)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any single industry struggles.
Generally Strong Top Holdings
Most of the largest positions have shown positive recent performance, which has supported the ETF’s overall returns.
Solid Asset Base
The fund manages a sizable pool of assets, which can support liquidity and trading efficiency for investors.
Negative Factors
Moderately High Expense Ratio
The fund’s fees are on the higher side for an ETF, which can slowly reduce net returns over time.
Concentration in North America
With most assets in the U.S. and Canada, the ETF offers limited exposure to other global markets.
Mixed Performance Among Top Holdings
A few of the largest positions have shown weak or negative recent performance, which can drag on the fund if that continues.
PID vs. SPDR S&P 500 ETF (SPY)
AUM884.07M
RegionGlobal Ex-U.S.
Expense Ratio0.53%
Beta0.46
IssuerInvesco
Inception DateSep 15, 2005
Dividend Yield3.31%
Asset ClassEquity
Index TrackedNASDAQ International Dividend Achiever Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume103,793
30 Day Avg. Volume94,458
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
25.19Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering61
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PID Summary
PID is the Invesco International Dividend Achievers ETF, which follows the NASDAQ International Dividend Achiever Index. It focuses on companies outside the U.S. that have a history of steadily growing their dividend payments. The fund holds well-known names like Enbridge and British American Tobacco, and spreads your money across many sectors, including communication services, utilities, and energy. Someone might invest in PID for income from dividends plus potential long-term growth and international diversification. A key risk is that stock prices and dividend payments can go up and down with global markets.
How much will it cost me?The Invesco International Dividend Achievers ETF (PID) has an expense ratio of 0.53%, meaning you’ll pay $5.30 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is focused on a specific strategy of investing in international dividend-paying companies, which requires more active management. It’s a reasonable fee for the specialized exposure it provides.
What would affect this ETF?The Invesco International Dividend Achievers ETF (PID) could benefit from global economic stability and increased demand for dividend-paying stocks, especially as companies in sectors like Communication Services and Utilities continue to show resilience and growth potential. However, challenges such as rising interest rates or regulatory changes in key international markets could negatively impact dividend-paying companies, particularly in sectors like Financials and Energy. Additionally, currency fluctuations in global markets may affect returns for U.S.-based investors.
PID Top 10 Holdings
PID is leaning heavily on Canadian energy and telecom names, with Canadian Natural and TC Energy doing much of the heavy lifting as their shares keep rising and their dividends stay solid. Enbridge is also pulling its weight, adding steady, income-friendly support. On the flip side, telecom holdings like Telus and Asian players such as PLDT and Telekomunikasi Indonesia have been lagging, acting as a bit of a brake on returns. Overall, it’s a global ex-U.S. dividend story, but with a noticeable Canadian tilt and a mix of sturdy winners and tired laggards.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Itau Unibanco | 3.79% | $33.79M | $98.85B | 72.84% | 69 Neutral | |
| Eni SPA | 3.63% | $32.41M | $83.55B | 118.61% | 79 Outperform | |
| Telus | 3.54% | $31.52M | C$25.40B | -18.38% | 62 Neutral | |
| PT Telekomunikasi Indonesia Tbk | 3.33% | $29.70M | $18.46B | 33.99% | 75 Outperform | |
| Enbridge | 3.27% | $29.15M | C$164.49B | 30.32% | 69 Neutral | |
| Brookfield Renewable Partners | 3.15% | $28.06M | C$32.15B | 59.01% | 56 Neutral | |
| British American Tobacco | 2.98% | $26.57M | $126.09B | 45.13% | 59 Neutral | |
| Novo Nordisk | 2.85% | $25.44M | $165.58B | -38.83% | 73 Outperform | |
| Sanofi | 2.70% | $24.09M | $113.92B | -5.20% | 75 Outperform | |
| FinVolution Group | 2.70% | $24.06M | $1.26B | -38.26% | 71 Outperform |
PID Technical Analysis
Positive
―
Price Trends
22.68
Positive
22.24
Positive
21.48
Positive
Market Momentum
-0.02
Negative
57.44
Neutral
90.02
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 22.21, equal to the 50-day MA of 22.68, and equal to the 200-day MA of 21.48, indicating a bullish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 57.44 is Neutral, neither overbought nor oversold. The STOCH value of 90.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PID.
PID Peer Comparison
Comparison Results
Performance Comparison
PID
Invesco International Dividend Achievers ETF
22.69
4.85
27.19%
APIE
ActivePassive International Equity ETF
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MFSI
MFS Active International ETF
―
―
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QINT
American Century Quality Diversified International ETF
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IPKW
Invesco International BuyBack Achievers ETF
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OSEA
Harbor International Compounders ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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